F&B Units for Rent on Foo Ming Street, Hong Kong

Why rent a restaurant on Foo Ming Street, Causeway Bay, Hong Kong?

Renting a restaurant on Foo Ming Street in Causeway Bay, Hong Kong offers exceptional business opportunities in one of the city's most vibrant commercial districts. This prime location provides high foot traffic from both locals and tourists, as Causeway Bay is renowned as a major shopping and dining destination in Hong Kong. Foo Ming Street benefits from excellent accessibility through multiple MTR connections and bus routes, making it convenient for customers to reach your establishment. The area attracts diverse demographics throughout the day, from office workers seeking lunch options to evening diners and weekend shoppers, ensuring consistent revenue streams. Restaurant operators on Foo Ming Street can capitalize on the surrounding retail environment, including major shopping centers and department stores that drive continuous pedestrian flow. The street's proximity to hotels, entertainment venues, and cultural attractions creates additional customer opportunities for restaurants specializing in various cuisines and dining experiences. Furthermore, Causeway Bay's reputation as a foodie destination means customers actively seek new dining experiences, providing excellent visibility and marketing potential for restaurant businesses. The competitive rental rates on Foo Ming Street, compared to premium locations nearby, offer better return on investment while maintaining access to Causeway Bay's lucrative market, making it an ideal choice for both established restaurateurs and new food service entrepreneurs.

How much does it cost to rent a restaurant on Foo Ming Street, Causeway Bay, Hong Kong?

The cost to rent a restaurant on Foo Ming Street in Causeway Bay, Hong Kong typically ranges from HK$80,000 to HK$200,000 per month depending on the size, location, and condition of the property. Restaurant rental prices on Foo Ming Street vary significantly based on factors such as square footage, street-level accessibility, existing kitchen facilities, and proximity to main shopping areas in Causeway Bay. Ground floor restaurant spaces with high foot traffic generally command premium rents of HK$150,000 to HK$200,000 monthly, while smaller or upper-floor restaurant units may be available for HK$80,000 to HK$120,000 per month. Additional costs for renting a restaurant on Foo Ming Street include substantial security deposits equivalent to 3-6 months rent, government licensing fees, utilities setup, and potential renovation expenses to meet Hong Kong food service regulations. Prospective restaurant operators should budget for total initial costs of HK$500,000 to HK$1,000,000 when considering a restaurant rental in this prime Causeway Bay location, as Foo Ming Street benefits from heavy pedestrian traffic and proximity to major shopping districts, making it one of the more expensive restaurant rental markets in Hong Kong.

What type of restaurant can be found on Foo Ming Street, Causeway Bay, Hong Kong?

Foo Ming Street in Causeway Bay, Hong Kong is home to a diverse collection of restaurants that cater to both local residents and international visitors in this bustling shopping district. The street features traditional Cantonese dim sum restaurants, authentic Hong Kong-style tea restaurants (cha chaan tengs), upscale international dining establishments, and casual fast-food outlets. Visitors to Foo Ming Street can enjoy everything from local Hong Kong specialties like wonton noodles and roast duck to international cuisines including Japanese sushi bars, Korean barbecue restaurants, and Western-style cafes. The restaurant scene on Foo Ming Street reflects Causeway Bay's reputation as a major commercial and dining destination, offering dining options that range from budget-friendly street food to premium fine dining experiences. Many of these restaurants stay open late into the evening, making Foo Ming Street a popular dining destination for shoppers exploring the nearby Times Square mall and other Causeway Bay attractions.